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What You Need To Know Before Opening Your Coffee Shop
Move over, Starbucks! Independent coffee shops are back on the rise, and ready to challenge the big brand monopolies.
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Should You Be a Sole Trader or a Limited Company?
When it comes to going self-employed, one of the first big decisions you’ll need to make is whether you should set up as a sole trader or a limited company. Both structures have their pros and cons, of course, and you may even find that you’ll operate within either over the course of your business.
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Registering a Company- Challenges You May Face Post-Formation
The process of registering a company is a very simple one. In fact, with Companies MadeSimple it is just 4 simple steps. It is a quick process too, normally done within 3 working hours. However running your own company is the next challenge, we’re here to help.
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How Do I Let Companies House Know That a Share Transfer Has Taken Place?
The only way to notify Companies House about a change in your limited company’s shareholding situation is to file a confirmation statement. Find out how to in our blog.
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What Is a Dormant Company?
What Is a Dormant Company? Companies not engaging in business activity or generating revenue through trading are tagged as “dormant” or inactive. However, they must still be registered under Companies House for tracking purposes. Dormancy can take effect from the date of incorporation or after a trading period. Additionally, businesses that have permanently ceased trading […]
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What is a Company Limited by Guarantee?
What is a Limited by Guarantee Company? Limited by guarantee companies are commonly adopted by nonprofit organisations such as charities, sports associations, community projects, societies, and other similar entities. This type of structure does not have shares or shareholders, as opposed to limited by shares companies. This means that all profits earned by the company […]
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What is a Limited Liability Partnership?
What Is a Limited Liability Partnership? Are you considering running your business as a limited liability partnership in the UK? This guide will tell you what you need to know about a limited liability partnership, how it is formed, and its differences from limited companies. A limited liability partnership or LLP is a hybrid business […]
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How To Pay Yourself From a Limited Company
You are entitled to various benefits and perks as a limited company director. One of the most valuable perks is being in charge of your salary. This means you can set your salary within certain limits and take advantage of other benefits. However, knowing how to pay yourself from a limited company can be confusing […]
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What is a Company Registration Number
A Brief Guide on Company Registration Numbers From 2021 to 2022 there were 753, 168 company incorporations recorded by Companies House. This was a slight decrease of 7.1% from the data in 2020 to 2021, despite the expectations that there will be more incorporations during the pandemic.
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Definition: “Last Accounts Made Up To”
We posted an explanation of what “Last Returns Made Up To” meant in a limited company sense. Today we’re going to look at a similar topic, “Last Accounts Made Up To”. The Companies House web check and our very own company admin portal both have an area dedicated to “Last Accounts Made Up To”